Australian Maritime Safety Authority

Table 3.4: Departmental statement of changes in equity—summary of movement (Budget year 2019–20)

Retained
earnings

$'000
Asset
revaluation
reserve
$'000
Contributed
equity/
capital
$'000
Total
equity

$'000
Opening balance as at 1 July 2019
Balance carried forward from previous period 44,426 94,497 37,986 176,909
Adjustments for changes in accounting policies 5,972 - - 5,972
Adjusted opening balance 50,398 94,497 37,986 182,881
Comprehensive income
Surplus/(deficit) for the period 528 - - 528
Total comprehensive income 528 - - 528
Estimated closing balance as at 30 June 2020 50,926 94,497 37,986 183,409
Closing balance attributable to the Australian Government 50,926 94,497 37,986 183,409

Prepared on Australian Accounting Standards basis.

Back